HP Enterprise Services (Palo Alto, Calif.) announced a five-year, $176 million services agreement with the Nevada Division of Health Care Financing and Policy to strengthen Medicaid operations and help position the state for healthcare reform.
The new agreement calls for HP to become Nevada’s Medicaid fiscal agent and to upgrade and manage the state’s Medicaid Management Information System. HP also will help the agency enhance service delivery to Medicaid clients and improve staff productivity.
The agency is responsible for Medicaid benefits for almost 300,000 Nevada residents and processes about 12 million Medicaid claims per year.
The American Medical Association and the International Health Terminology Standards Development Organisation are working together, through a collaborative agreement, to create better integration between their proprietary code sets in support of interoperability and healthcare data analytics.
Officials from Carequality have stated that there are now more than 150,000 clinicians across 11,000 clinics and 500 hospitals live on its network. These participants are also able to share health data records with one another, regardless of technology vendor.
While stolen financial data still has a higher market value than stolen medical records, as financial data can be monetized faster, there are indications that there is ongoing development of a market for stolen medical data, according to an Intel Security McAfee Labs report.